What Do Education Department Cuts Mean for Student Loans?

"President Donald Trump’s plan to eliminate the Department of Education and leave school policy to the states has raised concerns about the future of federal student loans and how they will be managed," News Nation reports.

... "'Claiming that eliminating half the Department won’t affect its services — without any clear plan to redistribute the workload — is, at best, naive and, at worst, deliberately misleading,' Beth Maglione, interim president and CEO of the National Association of Student Financial Aid Administrators, said in a statement."

"Maglione said the department cuts also raise 'serious concerns about how billions of dollars in federal student aid will continue to be disbursed to students without interruption.'"

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

 

Publication Date: 3/14/2025

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